Last Updated: 2007.10.11
FR announces revision to dividend estimate for year to August 31, 2007
FAST RETAILING CO., LTD.
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At the board meeting of directors held October 11, 2007, FAST RETAILING CO., LTD. decided to revise its dividend per share estimate for the full year ending August 31, 2007. The decision is detailed below.
1. Reason for the dividend forecast revision
Based on the consolidated results for the full year to August 31, 2007 (46th period), and a long-standing policy that dividend payments should reflect business performance, FAST RETAILING has revised its business year-end dividend per share estimate from 70 yen to 60 yen. Consequently, the estimate for the annual dividend per share is being revised from 140.00 yen to 130.00 yen.
This dividend is expected to be implemented following a final decision by the company’s executive board due to meet on November 5, 2007, and a report to the 46th annual shareholders meeting expected to be held on November 22, 2007.
2. Dividend revision
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Dividend per share
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Interim
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Year-end
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Annual
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Previous announcement（April 12, 2007）
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70.00 yen
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70.00 yen
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140.00 yen
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Revised estimate
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-
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60.00 yen
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130.00yen
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Actual payment so far this business year
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70.00yen
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-
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-
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Previous year result（Yr to Aug 2006）
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65.00yen
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65.00yen
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130.00yen
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【Reference】 Dividend forecast for year to end August 2008 (47th period) – announced October 11, 2007
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Dividend per share
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Interim
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Year-end
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Annual
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Estimate for year to August 31, 2008
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65.00yen
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65.00yen
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130.00yen
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